XCEL Certification Exam: GA Life &
Health Pre-Licensing Questions with
Correct Answers
An example of false advertising would be - ANSWERSAn insurer exaggerating its
dividends in a magazine advertisement
With whom may an agent legally share commissions? - ANSWERSAnother agent who
is licensed in the same line of insurance
All accident and sickness plans MUST provide coverage on newborn children for ___
days. - ANSWERS31
An insurance agent is guilty of _____ if the agent misrepresents a policy to induce a
policyowner to surrender an existing policy. - ANSWERStwisting
As a condition for a loan, a bank requires the borrower to purchase credit insurance
from a specific company. What is the bank guilty of? - ANSWERSCoercion
In Georgia, monthly-premium accident and sickness insurance policies must provide a
grace period of at least - ANSWERS10 days
Defamation occurs when an agent makes a false statement intended to -
ANSWERSmalign another insurer
The coordination of benefits (COB) provision exists in order to - ANSWERSavoid
duplication of benefit payments
During the application process, the agent's primary responsibility is to - ANSWERSthe
insurance company
Upon reaching the limiting age, a handicapped child can extend their accident and
sickness insurance coverage as a dependent - ANSWERSonly if the child is incapable
of employment and chiefly dependent on the policyowner
When is a group accident and health policy required to provide coverage for a newborn
child? - ANSWERSAt the moment of birth
In Georgia, which of the following statements is CORRECT about life insurance
advertisements? - ANSWERSAn insurance agency is responsible for advertisements
placed by its insurance agents
, Life insurance replacement regulation protects the interests of - ANSWERSthe
policyowner
What is the reason for the establishment of Rules Governing Life Insurance and Annuity
Replacements? - ANSWERSLessen the chance for misrepresentation and incomplete
disclosure
Which document MUST accompany an application that initiates the replacement of an
existing life insurance policy? - ANSWERSA signed statement by the applicant
regarding the replacement
Which of the following items are regulated by the Rules Governing Advertisement of Life
Insurance and Annuities? - ANSWERSPrepared sales presentations used by insurance
agents
Insurance agent licenses normally must be renewed every ___ years in Georgia. -
ANSWERS2
J is an agent who recently told a claimant that his rights might be impaired if he does
not complete a release form within a specified time. What could this agent be found
guilty of? - ANSWERSCoercion
Someone who is appointed by an insurer to engage in insurance transactions is called
a(n) - ANSWERSagent
What's the requirement for a nonresident agent license applicant? - ANSWERSBeing a
licensed agent in the agent's home state
In Georgia, an insurance company must notify the Commissioner within __ days to
terminate an agent's appointment. - ANSWERS30
A producer must notify the Commissioner within __ days of an address change. -
ANSWERS30
All agents licensed less than 20 years are required to complete ___ continuing
education hours every two years. - ANSWERS24
An agent must have ___ hours of ethics per continuing education reporting period. -
ANSWERS3
An example of an unfair claims practice would be - ANSWERSfailing to effectuate
prompt, fair, and equitable settlements of a claim
A Key Employee policy is taken out by Company X on its vice president. Ten years
later, this employee leaves Company X and begins working for Company Y. If this
Health Pre-Licensing Questions with
Correct Answers
An example of false advertising would be - ANSWERSAn insurer exaggerating its
dividends in a magazine advertisement
With whom may an agent legally share commissions? - ANSWERSAnother agent who
is licensed in the same line of insurance
All accident and sickness plans MUST provide coverage on newborn children for ___
days. - ANSWERS31
An insurance agent is guilty of _____ if the agent misrepresents a policy to induce a
policyowner to surrender an existing policy. - ANSWERStwisting
As a condition for a loan, a bank requires the borrower to purchase credit insurance
from a specific company. What is the bank guilty of? - ANSWERSCoercion
In Georgia, monthly-premium accident and sickness insurance policies must provide a
grace period of at least - ANSWERS10 days
Defamation occurs when an agent makes a false statement intended to -
ANSWERSmalign another insurer
The coordination of benefits (COB) provision exists in order to - ANSWERSavoid
duplication of benefit payments
During the application process, the agent's primary responsibility is to - ANSWERSthe
insurance company
Upon reaching the limiting age, a handicapped child can extend their accident and
sickness insurance coverage as a dependent - ANSWERSonly if the child is incapable
of employment and chiefly dependent on the policyowner
When is a group accident and health policy required to provide coverage for a newborn
child? - ANSWERSAt the moment of birth
In Georgia, which of the following statements is CORRECT about life insurance
advertisements? - ANSWERSAn insurance agency is responsible for advertisements
placed by its insurance agents
, Life insurance replacement regulation protects the interests of - ANSWERSthe
policyowner
What is the reason for the establishment of Rules Governing Life Insurance and Annuity
Replacements? - ANSWERSLessen the chance for misrepresentation and incomplete
disclosure
Which document MUST accompany an application that initiates the replacement of an
existing life insurance policy? - ANSWERSA signed statement by the applicant
regarding the replacement
Which of the following items are regulated by the Rules Governing Advertisement of Life
Insurance and Annuities? - ANSWERSPrepared sales presentations used by insurance
agents
Insurance agent licenses normally must be renewed every ___ years in Georgia. -
ANSWERS2
J is an agent who recently told a claimant that his rights might be impaired if he does
not complete a release form within a specified time. What could this agent be found
guilty of? - ANSWERSCoercion
Someone who is appointed by an insurer to engage in insurance transactions is called
a(n) - ANSWERSagent
What's the requirement for a nonresident agent license applicant? - ANSWERSBeing a
licensed agent in the agent's home state
In Georgia, an insurance company must notify the Commissioner within __ days to
terminate an agent's appointment. - ANSWERS30
A producer must notify the Commissioner within __ days of an address change. -
ANSWERS30
All agents licensed less than 20 years are required to complete ___ continuing
education hours every two years. - ANSWERS24
An agent must have ___ hours of ethics per continuing education reporting period. -
ANSWERS3
An example of an unfair claims practice would be - ANSWERSfailing to effectuate
prompt, fair, and equitable settlements of a claim
A Key Employee policy is taken out by Company X on its vice president. Ten years
later, this employee leaves Company X and begins working for Company Y. If this
